03 March 2017 British Pound Drops as UK Services PMI Heralds Economic Slowdown

Pound Sterling exchange rates will take a cue from the release of data concerning the all-important UK services sector on Friday, March 3.

Read more … →
01 March 2017 Pound to Fall Against Euro, Stay Stable Against US Dollar Argue ABN Amro

Analyst says the GBP is likely to stabilise against the US Dollar but a strong performance by the Euro in 2017 is likely to send the GBP/EUR exchange rate back to multi-year lows.

Read more … →
27 February 2017 British Pound at risk of 'Fundamental Downshift' in Value Should Scotland Seek 2nd IndyRef

The British Pound has been shaken by the latest news coming out of the ever-shifting political landscape in Britain.

Read more … →
23 February 2017 Retailers Say Sales Up But Rising Inflation Makes For Gloomy Future

A survey of British retailers showed a rise in receipts in February despite increasing cost pressures and an overall pessimistic outlook for the future.

Read more … →
23 February 2017 The Pound “Reverts to Mean” as Optical Illusion in GDP Data Catches Traders Out

Foreign exchange traders may have unnecessarily punished the Pound in the wake of the release of Wednesday’s GDP release and it must therefore recover back to higher levels against the Dollar and E…

Read more … →
22 February 2017 British Pound 'Substantially Undervalued' but Must Still Go Lower say SEB

Analysts at a leading financial services house have confirmed Pound Sterling to be one of the world’s most undervalued currencies at present.

Read more … →
21 February 2017 Carney & Co Retain a Cautious Optimism Before Treasury Select Committee

The Treasury Committee hears from Governor and Chief Economist of the Bank of England, and External Members of the Monetary Policy Committee on its Inflation Report for February.

Read more … →